Property Overview: 37 Hobbs Crescent, Valley Gardens, Winnipeg
Key Characteristics & Appeal
This 980 sqft bungalow, built in 1974, presents a straightforward opportunity in Winnipeg's Valley Gardens neighborhood. Its primary appeal lies in its solid positioning within a stable, established area. The home sits on a slightly larger-than-neighborhood-average lot of 5,855 sqft, offering good outdoor space potential. While the living area is modest compared to local and city averages, the assessed value of $342k aligns very closely with the averages for both the street and the neighborhood, suggesting a fair and typical market valuation.
This property would suit first-time buyers or downsizers looking for an entry point into a mature community without a premium price tag. Its recent sale history (sold in 2022 and again in 2024 within the $400k-$450k range) indicates steady demand. A thoughtful perspective for a buyer is that while the house itself is compact, the lot size offers a valuable asset for future expansion, gardening, or simply enjoying more private outdoor space than many nearby properties. It represents a classic "good bones" home where value may be found in the land and location rather than in square footage.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. At 980 sqft, the living area is below the average for Hobbs Crescent, Valley Gardens, and Winnipeg overall. This is reflected in its rankings, placing it in the top 75% for size (meaning 75% of comparable homes are larger).
2. How does the assessed value compare?
The assessed value of $342,000 is very typical. It ranks almost exactly at the average for both the immediate street and the wider Valley Gardens neighborhood.
3. What is the property's recent sale history?
Records show it sold twice recently: in July 2022 and again in April 2024. Both sales occurred within the price range of $400,000 to $450,000. Exact sale prices require a manual lookup request via the site.
4. Is the lot a good size?
The 5,855 sqft lot is a positive feature. It is larger than the average lot in Valley Gardens and provides a tangible asset beyond the home's interior square footage.
5. Where can I get verified, exact sale prices?
Due to industry rules, exact MLS sale figures are not displayed. The site offers a manual lookup service where you can request the full transaction history and exact sold prices via email, which they will provide without using your email for marketing.